What is the technical trend for Gujarat Metallic Coal & Coke Ltd.?

Jun 09 2025 05:35 PM IST
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As of February 12, 2024, the market trend is mildly bullish, supported by a bullish weekly MACD and daily moving averages, though tempered by a mildly bearish KST and lack of momentum confirmation from the RSI.
As of 12 February 2024, the technical trend has changed from bullish to mildly bullish. The weekly MACD remains bullish, supported by bullish signals from Bollinger Bands and moving averages on the daily timeframe. However, the KST indicates a mildly bearish stance on the weekly, which tempers the overall bullish outlook. The Dow Theory also reflects a mildly bullish position on both weekly and monthly charts. The RSI shows no signal on both timeframes, indicating a lack of momentum confirmation. Overall, the current stance is mildly bullish, driven primarily by the weekly MACD and the daily moving averages.
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